Country is focusing on promoting the adoption of electric vehicles, enhancing public transportation systems, and fostering sustainable urban planning …
Nomura launches wealth management business in Dubai
Nomura announced last year that it would open a branch of Nomura Singapore Limited in DIFC to expand its client franchise and increase the footprint of its relationship managers …
UAE Signs $1.9 Billion Deal To Develop At Least 4 Mines In Eastern DR Congo
The agreement would “make it possible to set up more than four industrial mines which should connect the provinces of South Kivu and Maniema,” Congolese President Felix Tshisekedi’s office said.
IOC signs $7-9 billion LNG import deal with UAE’s ADNOC Gas
India’s top oil firm IOC has signed a $7-9 billion deal to import liquefied natural gas (LNG) from the UAE’s ADNOC Gas plc for 14 years beg.
UAE’s Abu Dhabi sees strong industrial sector growth amid diversification push
ABU DHABI, July 19 (Reuters) – Abu Dhabi, the capital of major oil exporter United Arab Emirates, plans to double the contribution from its industrial sector to GDP, a senior government official said …
Arada launches final phase of $2.6bn Sharjah real estate development
Arada has launched Saro, the seventh and final phase of Masaar, the mega-residential woodland project in the Al Suyoh district of New Sharjah. The release of the last 597 homes comes as investor …
Sharjah Ruler directs $4.3mln compensation for land owners
H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, today directed that AED16 million be paid in compensation for lands and properties owners affected by the …
Nomura launches international wealth management business in Dubai, opens new premises in DIFC
With its strategic location and business-friendly policies, DIFC provides an ideal platform for Nomura to expand its operations and cater to a wide range of clients. Dubai is home to more than 55,000 …
MENA Fintech Association establishes Africa Committee
UAE – The MENA Fintech Association, the premier not-for-profit organization dedicated to serving fintech startups and established players across the Middle East and Africa, is excited to announce the …
New Dubai restaurants opening in July, including Chez Wam, Waffries and Atrangi
The Indian restaurant at Jumeirah Al Qasr is chef Ritu Dalmia’s latest endeavour. The prolific chef, who usually specialises in Italian cooking and runs Delhi’s Diva restaurant, aims to provide a …
How Dubai became ‘the new Geneva’ for Russian oil trade
When Switzerland joined sanctions against Moscow, a chunk of the world’s oil trade relocated to the Middle East. Some predict it will stay there …
Dubai issues new law for urban planning
The new law seeks to enhance the efficiency of preparing and implementing plans, strategies, and policies related to urban planning. Dubai issues new law for urban planning. dubai municipality, Dubai …
Abu Dhabi Crown Prince, Aldar launches $2.2bn residential project on Yas Island
The project is set to be completed by 2026. Abu Dhabi Crown Prince, Aldar launches $2.2bn residential project on Yas Island. Abu Dhabi Crown Prince, Abu Dhabi Housing Authority, aldar properties, …
UAE issues 125 fines for breaking egg and chicken price rules
Earlier this year, the UAE Ministry of Economy approved price increases for eggs and poultry and inspections were carried out to monitor prices and enable good business practices for market stability.
Indian, UAE Agree To Trade In Rupees, Dirham For Boosting Business Relations
India took a significant stride towards promoting the use of the rupee in the Gulf region through the signing of two memoranda of understanding (MoUs) between the Reserve Bank of India and the Central …
UAE passport ranked 12th globally with access to 179 countries without a visa
It is worth noting that during the past ten years, the UAE passport has increased by 44 places, jumping from 56th in 2013 to 12th now, next to the Cyprus passport.
Dubai: Global Luxury Home Prices Skyrocket
Among the 30 cities analyzed, Dubai secured the top position … and in the case of Los Angeles, implementing the mansion tax on homes selling for $5 million or more in April further contributed to …